/biz/ - Business & Finance

BUY THE DIP

FUCK YOU MOTHERFUCKER I HAVEN'T FINISHED ACCUMULATING YET!!!!!!!!!!!!!!!

Good time to accumulate this shit with full force?

What if I could get up to 5 or even 10 of these suckers in the coming months before it takes of? Unlikely, I know, but will I have made it?

>>13188953

Will there be a large paper IOU Bitcoin market like for gold? Is it already happening? Why sell the real thing when you can mint your own Bitcoin IOUs (paper or digital balances) just like that? There's bound to be a large number of people and institutions who don't care to distinguish between the two.

Thinking of messing around with cryptocurrencies with what little I have saved. Where should I start?

I want to know what is the best one to mine right now and if it is possible with a raspberry pi 3?

It's been over a decade since crypto was created so I decided to think about what's been achieved so far. It just occurred to me that the whole thing resembles a giant shitshow now. Shitcoins, scam icos, Chinese miners, store of value, Satoshi, Roger Ver, golden bull run.

The idea was to make a worldwide common currency. Why worldwide? Because it will work only on a global scale, much like communist utopia. With decentralization we will need to learn to trust each other. Will the US implement a currency whose hashrate is virtually controlled by private companies and the Chinese? Will the federal reserve put off the crown of its head just like that? Or suppose the US will sell oil for crypto. Will other countries have to put up with converting crypto to their own traditional currencies? With globalization and transnational corporations you can only have one monetary system. And where are we now?
The countries are so distanced from each other as they've never been since cold war: trade wars (hell, even Canada vs the US, who would have thought), Trump, Russia, China, Europe, immigrant crisis. How do you implement a worldwide currency in this situation? We're far from there. What's more important do we really need it now? Are we ready for it? Pulling down the traditional centuries old monetary system is not a matter of a couple of years.
Maybe it will be done for one day but will bitcoin be the basis of it? Who knows. Blockchain is a technology, and bitcoin is a brand. The internet is a technology, and Yahoo is a brand. How can we be sure that no Google of the cryptoworld is on the way? (1/2)

hey biz. I Work for an exchange, i only handle tickets and the last month has totally burned me out. The amount of people trying to recoup their losses through margin trading and then losing it all is ridiculous. Waking up to 100 tickets assigned to me, open up three and yep once again, 3 page stories from cry babies who lost everything, their rent money, money to buy food. Lost the will to live etc...because of ((us)) apparently.

And no I don't handle support for Bitmex, its a normal exchange which also offers margin at max x10. having worked for companies in Crypto for 5 years, every indication is telling me that we haven't seen capitulation yet. And I believe that profits of our exchange must be through the roof for August/September, just from lending fees and liquidations. You guys have no idea....Most people also don't even know about maker taker fees. So if they make a profit from margins, its often only 3/4 because they are too stupid to calculate fees. Sometimes people even close in profit (for them), but are at a net loss because they did not calculate fees.

Thats all
end of rant

Explain me why anyone would pay 6227$ for a single unit of this thing?

It's time to buy crypto. I will buy bitcoin now, its like the internet. I see you in 2028.

Which coin is objectively, all things considered, better than Bitcoin (BTC)?